For example, say that the beneficiaries believe the trustee is siphoning assets away from the trust for their own benefit. They could initiate a court proceeding to have the trustee removed and ...

Opinion: Northern Trust's Wing Wilson says corporate trustees have challenging roles that are also multifaceted and ...

Beneficiary vs. Trustee: ... For example, a trustee is not allowed to use trust assets for their own ... That means they must follow the instructions left by the trust grantor to the letter; ...

The successor trustee may wish to interview trust beneficiaries at the beginning of his or her administration to better accommodate each beneficiary’s personal circumstances, goals and needs.

Wise estate planning with well-drawn wills and the right kind of trusts can make a huge difference to your family’s long-term financial stability. Browse Investopedia’s expert-written library ...

Estate plans for parents of disabled children raise questions that the average person might not encounter. Who will take care of my son if I die or become disabled? Where will she live? Who underst… ...

Before we get into the tax considerations and mechanics involved in transferring an IRA, we first have to be sure the trustee has the right to transfer any assets to the beneficiary. For example ...

Beneficiary vs. Trustee: What’s the Difference? A trust is a legal arrangement in which one person or entity, called a trustee, manages assets on behalf of another person or entity, ...